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Charting Your Supply Chain DNA — The Integrated Operating Model

In our previous article, we outlined five key challenges facing today’s supply chain architects. Starting this week, we want to present a dramatic new approach to supply chain engineering that responds to these challenges.

Herman Trend Alert: Where the Jobs Are (Or Will Be)

One of the major problems faced by employers in the U.S. and in other countries is a shortage of skilled workers. Employers are struggling to find thousands of qualified Heating and Air Conditioning engineers, specialized computer programmers, imaging technicians, pharmacists, hotel clerks and even housekeepers. These jobs exist now, not just in some future scenario.

Auto Supplier Venture: Money Diverted Before its Bankruptcy

One of Michigan’s largest private corporations has taken the extraordinary action of suing the man who founded it, saying he, his family and side businesses owned by them siphoned more than $314 million from the corporation before it declared bankruptcy.

Bankrupt Venture Might Sell Some Assets

Bankrupt auto supplier Venture Corp. plans to put itself up for sale to see if there is any interest in the Fraser firm’s assets or business contracts, say lawyers and others familiar with the struggling company. Venture, which makes plastic parts such as instrument panels for the auto industry, has asked the U.S. Bankruptcy Court in Detroit for permission to market the company. A hearing to get approval and determine how marketing would be handled is scheduled for March 11.